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Covid 'continuing to wreak havoc' on aviation, says Ryanair

Air
James Chapple
26 July 2021

Ryanair has sunk to an even deeper first-quarter loss, but is confident of a "strong recovery" in air travel during the second half of 2022 – and during the summer 2022 season.

Ryanair expects annual passenger carryings to grow to 225 million by March 2026

The budget carrier on Monday (26 July) posted a €273 million (£234 million) net loss for the three months to 30 June, down from €185 million (£158 million) during the same period last year.


Boss Michael O’Leary said Covid-19 was continuing to "wreak havoc" on business, citing the cancellation of "most" Easter flights and a "slower than expected" easing on EU travel restrictions.


O’Leary said "significant uncertainty" around travel green lists, particularly in the UK, and "extreme government caution" in Ireland had ensured the majority of Q1 bookings were "close-in" and sold at low prices.